Conventional Connotation Is Introduced to Deal with the Problem That

question 45

Multiple Choice

Conventional connotation is introduced to deal with the problem that arises because:

• A) Proper names have no intension.
• B) Intension determines extension.
• C) Some words have empty extension.
• D) Increasing intension does not always correspond to decreasing extension.
• E) Words mean different things to different people.

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Definitions:

Stated Rate

The annual interest rate of a bond or loan without adjusting for compounding or other factors, often differing from the effective rate or annual percentage rate (APR).

Annual Percentage Rate

The annual rate charged for borrowing or earned through an investment, which represents the actual yearly cost over the term of a loan.

Effective Annual Rate

The interest rate on an investment or loan that is annualized and takes compounding into account, providing a full picture of the annual interest.

Effective Annual Rate

The real interest rate a savings account, loan, or investment earns, once compounding has been taken into consideration.